Investors jumping into bonds, says BlackRock boss - News Summed Up

Investors jumping into bonds, says BlackRock boss


BlackRock rebounded from a rocky end of last year, as customers jumped into its fixed-income products and showed interest in illiquid alternatives. BlackRock rebounded from a rocky end of last year, as customers jumped into its fixed-income products and showed interest in illiquid alternatives. BlackRock's fixed income products took in $80bn in the first quarter, driving the company's $59bn in long-term net flows. Investors have shown renewed interest in bonds since Federal Reserve officials signalled this year that an increase in rates is on hold. iShares saw flows of $30.7bn overall in the period, down from a record $81bn.


Source: Irish Independent April 17, 2019 01:30 UTC



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